TY - JOUR TI -

Selection of competitive strategies for privatized enterprises: a comparative study on the materials of East Germany and Russia

T2 - HSE Economic Journal IS - HSE Economic Journal KW - the efficiency of the enterprise KW - results of privatization KW - Russia KW - privatization KW - East Germany KW - company KW - form of ownership KW - corporate restructuring KW - improving efficiency AB - The results of the activities of privatized enterprises in East Germany and Russia are analyzed. It is shown that the change of ownership forms in itself, even in combination with massive investments, does not provide a rapid increase in the efficiency of enterprises established within the framework of the command economic system. It is proved that the solution of this problem requires the restructuring of enterprises and the development of new competitive strategies.  Discusses the principles of choice of such strategies and examples from Russian practice demonstrates that even in conditions of economic crisis, the company rationally choose their competitive strategies to achieve substantial success and defeat in the domestic markets to foreign competitors. AU - Igor Lipsits AU - Elena Vigdorchik AU - Andrey Neshchadin AU - Alexander Eickelpasch AU - Tat'yana Rybakova UR - https://ej.hse.ru/en/1998-2-4/26549455.html PY - 1998 SP - 476-499 VL - 2